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Alamos Gold Announces US$1 Billion Investment Treaty Claim Against the Republic of Turkey
Alamos Gold Inc.April 20, 2021 GMT
TORONTO, April 20, 2021 (GLOBE NEWSWIRE) Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or, including its direct and indirect subsidiaries, the “Company”) regrets to announce that its Netherlands wholly-owned subsidiaries Alamos Gold Holdings Coöperatief U.A, and Alamos Gold Holdings B.V. (the “Subsidiaries”) will file an investment treaty claim against the Republic of Turkey for expropriation and unfair and inequitable treatment, among other things, with respect to their Turkish gold mining project. The claim will be filed under the Netherlands-Turkey Bilateral Investment Treaty (the “Treaty”), and is expected to exceed $1 billion, representing the value of the Company’s Turkish assets.
Since its launch in 2001, the biennial Ten Days On The Island has aimed to be a festival for the whole of Tasmania, bringing in international artists and putting local artists on the world stage.
This year, as in 2019, the festival’s program and the titular “ten days” are spread across three weekends. With travel bans and conservative limits on theatre capacities, the program is thinner than usual, making the stretch across the state an even greater challenge.
Artistic director Lindy Hume proposes a Romantic, rather than Gothic Tasmania, placing Jess Bonde’s photographic re-imagining of Caspar David Friedrich’s 1818 oil painting The Wanderer Above a Sea of Fog as the festival’s central image.
For 22-year-old Scottish artist Rebecca Thomson, who drew a remarkably lifelike portrait of NHL star Connor McDavid, her love of the sport and the art she s inspired to create comes from her grandfather.
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